(EMAILWIRE.COM, May 11, 2007 ) East Kingston, NH – A 3,600 square-foot Yankee garrison home will be sold to the highest bidder at auction on Saturday, May 19, 2007 at 11:07am, according to Billy Burke, owner of REauction.com The Industry Standard.

The property is located at 113 Giles Road in East Kingston, New Hampshire, just 45 minutes from Boston. Situated on a large 5.23 acre private lot in a quiet residential neighborhood, the property is an ideal retreat from busy urban life. The home has four bedrooms with the potential for six, plus two and a half baths, featuring hardwood floors and lots of windows. There is a finished three-quarter basement and attached garage.

Burke said, “We have prepared a comprehensive electronic bidder information package with a plethora of information about this fine property being offered at public auction. Our research has shown that voluntary auctions are not the “norm” in New Hampshire. This is a great opportunity to help set the industry standard by providing this information and distributing it via the Internet.”

Burke explained that the seller sold the property in 2006 on a lease-option arrangement with owner financing. The buyers were not able to follow through due to personal financial reasons, so the seller took the property back. He said that during the past year, the real estate market in New Hampshire changed, so the seller chose the auction method of marketing.

“The auction method of marketing offers a quicker time on the market with an intensive 30-day marketing program and a 30-day all cash, no contingency closing,” said Burke. “In addition, the market will determine the present cash market value of this property.”

The property will be sold “as is, where is.” Preview and inspection for bidders will be Friday, May 18, from 5:30 to 7:30 p.m. and two hours prior to the auction. A Housemaster inspection report is furnished with the bidder information package that can be downloaded from REauction.com. Bidders are required to bring a $25,000 cashiers or bank guaranteed check to register to bid. Agents acting as buyers brokers may earn 3 percent commission paid to the agent representing the winning bidder.

REauction.com is an East Coast based real estate auction company providing auctioneer services nationwide with agents in MD, VA, California and Michigan. For more information, call toll free 866-486-SOLD or visit www.REauction.com.

Published by ASMarketingCenter.com a division of http://www.auctionservices.com and the http://www.nationalauctionlist.com.
Contact Information:

Billy Burke, CAI - AARE
REauction.com The Industry Standard
Tel. 410-957-4786
Fax. 1-208-693-5231
508 Market Street
PO Box 215
Pocomoke City, MD 21851
E-mail: sales@REauction.com
Web: www.REauction.com.

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Contact Information:
REauction.com The Industry Standard
Billy Burke
Tel:
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